March 19, 2008... Linear Products Business Captures Key Design Wins for Special
Mobile Radio, RFID, Meter Reading and Industrial Control Applications
Woburn, Massachusetts USA--Skyworks Solutions, Inc. (NASDAQ: SWKS), an innovator of high performance
analog and mixed signal semiconductors enabling mobile connectivity,
today announced key design wins and production ramps for its growing
line of power amplifiers (PAs), synthesizers, switches, and silicon
voltage controlled oscillators (VCOs). These products uniquely enhance
the performance of analog solutions that are available on the market
today.
"Our Linear Products business continues to address new markets by
providing highly integrated and innovative semiconductor solutions to
solve real-world problems," said Stan Swearingen, Jr., vice president
and general manager of Linear Products at Skyworks. "With our
comprehensive RF solution set, Skyworks is setting the bar for
performance and footprint, while at the same time reducing the need
for extra components."
Skyworks' design wins in the industrial, scientific and medical
(ISM) bands are supporting a host of applications ranging from
professional special mobile radio (SMR), radio frequency
identification (RFID), automatic meter reading (AMR), and industrial
control.
With respect to AMR, according to The Scott Report on AMR
Deployments, only 34 percent of the 300 million existing electric, gas
and water meters in North America employ a wireless application, which
significantly helps utility companies reduce meter-reading costs and
increase revenue, load balance, and improve customer service. Outside
of North America, just six percent of the 2.5 billion meters utilize
AMR solutions. As a result, there is pent-up demand for an economical
RF solution to more efficiently collect, report and monitor utility
usage by both service providers and consumers.
About ISM
ISM radio bands were originally reserved internationally for the
use of RF electromagnetic fields for industrial, scientific and
medical purposes other than communications. In general, communications
equipment must accept any interference generated by ISM equipment. In
recent years, these bands have also been shared with communications
applications.
About Skyworks
Skyworks Solutions, Inc. is an innovator of high performance
analog and mixed signal semiconductors enabling mobile connectivity.
The company's power amplifiers, front-end modules and direct
conversion radios are at the heart of many of today's leading-edge
multimedia handsets. Leveraging core technologies, Skyworks also
offers a diverse portfolio of linear products that support automotive,
broadband, cellular infrastructure, industrial and medical
applications.
Headquartered in Woburn, Mass., Skyworks is worldwide with
engineering, manufacturing, sales and service facilities throughout
Asia, Europe and North America. For more information, please visit
Skyworks' Web site at: www.skyworksinc.com.
Safe Harbor Statement
This news release includes "forward-looking statements" intended
to qualify for the safe harbor from liability established by the
Private Securities Litigation Reform Act of 1995. These
forward-looking statements include information relating to future
results and expectations of Skyworks (including certain projections
and business trends). Forward-looking statements can often be
identified by words such as "anticipates," "expects," "intends,"
"believes," "plans," "may," "will," "continue," similar expressions,
and variations or negatives of these words. All such statements are
subject to certain risks and uncertainties that could cause actual
results to differ materially and adversely from those projected, and
may affect our future operating results, financial position and cash
flows.
These risks and uncertainties include, but are not limited to:
global economic and market conditions, such as the cyclical nature of
the semiconductor industry and the markets addressed by our, and our
customers', products; our ability to develop, manufacture and market
innovative products in a highly price competitive and rapidly changing
technological environment; fluctuations in our manufacturing yields
due to our complex and specialized manufacturing processes; our
reliance on several key customers for a large percentage of our sales;
fluctuations in the manufacturing yields of our third party
semiconductor foundries and other problems or delays in the
fabrication, assembly, testing or delivery of our products; the
availability and pricing of third party semiconductor foundry,
assembly and test capacity and raw materials; our ability to timely
and accurately predict market requirements and evolving industry
standards, and to identify opportunities in new markets; losses or
curtailments of purchases or payments from key customers, or the
timing of customer inventory adjustments; our ability to rapidly
develop new products and avoid product obsolescence; our ability to
retain, recruit and hire key executives, technical personnel and other
employees in the positions and numbers, with the experience and
capabilities, and at the compensation levels needed to implement our
business and product plans; lengthy product development cycles that
impact the timing of new product introductions; the timing,
rescheduling or cancellation of significant customer orders and our
ability, as well as the ability of our customers, to manage inventory;
unfavorable changes in product mix; the quality of our products and
any remediation costs; shorter than expected product life cycles;
problems or delays that we may face in shifting our products to
smaller geometry process technologies and in achieving higher levels
of design integration; economic, social and political conditions in
the countries in which we, our customers or our suppliers operate,
including security and health risks, possible disruptions in
transportation networks and fluctuations in foreign currency exchange
rates; our ability to continue to grow and maintain an intellectual
property portfolio and obtain needed licenses from third parties; and
the uncertainties of litigation, including disputes over intellectual
property, as well as other risks and uncertainties, including but not
limited to those detailed from time to time in our filings with the
Securities and Exchange Commission.
These forward-looking statements are made only as of the date
hereof, and we undertake no obligation to update or revise the
forward-looking statements, whether as a result of new information,
future events or otherwise.
Note to Editors: Skyworks and Skyworks Solutions are trademarks or
registered trademarks of Skyworks Solutions, Inc. or its subsidiaries
in the United States and in other countries. All other brands and
names listed are trademarks of their respective companies.
CONTACT: Skyworks Media Relations:
Amanda Ingalls
949-231-3045
or
Skyworks Investor Relations:
Thomas Schiller
949-231-4700